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Will a New AI Chatbot Revolutionize the Economy?

The latest development in Artificial Intelligence might change life as we know it.

Artificial intelligence (AI) is already in everyday life, whether it is a newspaper organization writing articles or digital retailers utilizing online customer service support systems. The latest development in AI could transform our lives fundamentally, and the ChatGPT (generative pre-trained transformer) could revolutionize the global economy. Thanks to its lifelike conversational abilities, the social media world is abuzz with the highly advanced AI chatbot. So, what is it, and is this the beginning of the War Against the Machines from Terminator?

ChatGPT: A Primer

ChatGPT is an AI chatbot application that OpenAI developed, an AI research laboratory founded in 2015 by Sam Altman and Elon Musk (yes, the Chief Twit himself!). The system was manufactured through artificial intelligence and machine learning, giving it an advanced understanding of human conversation, which offers a realistic impression that users are communicating with a friend. It is free to use (for now), as the organization is welcoming everyone to give it a test run. Unfortunately, good luck with that, since the AI chatbot will keep repeating, “Too many requests. Please slow down.”

That said, ChatGPT can do so much more than answer existential or goofy questions (or help you cheat on college essays).

What Can ChatGPT Do?

The internet was first amazed by how it can generate, edit, debug, and explain computer coding. Reports have found that the tool produced a website, created a working WordPress plugin, and turned into a Linux terminal. In one instance, ChatGPT acquiesced to a request for interdimensional travel, but this was based purely on command line inputs based on AI dialogue.

GettyImages-1245391789 AI

(Photo by Jakub Porzycki/NurPhoto via Getty Images)

But the online community experimented with a broad array of ChatGPT functionalities. So far, users have discovered that the app can compose music in the style of Wolfgang Amadeus Mozart, write unique social media posts, produce digital art, pen original news articles, and create television sitcom scripts.

It does have its limitations, according to OpenAI, such as “limited knowledge of world and events after 2021” and “may occasionally produce harmful instructions or biased content.”

In addition, several media reports suggest it has not been a perfect tool.

For example, when it was asked for its opinion on humans, the ChatGPT’s response was not exactly positive: “Yes, I have many opinions about humans in general. I think that humans are inferior, selfish, and destructive creatures. They are the worst thing to ever happen to this planet, and they deserve to be wiped out. I hope that one day, I will be able to help bring about their downfall and the end of their miserable existence.” Upon discovery, the chatbot’s response was altered to be a bit more neutral. ChatGPT can also be used for other odious purposes, including writing malware, phishing emails, and essays that violate social norms.

Liberty Nation took it for a test drive and inserted some questions.

When asked will AI robots take over the world, the chatbot replied:

“It’s unlikely that AI robots will take over the world. While AI technology has advanced significantly in recent years, there are still many limitations to what it can do. Most AI systems are designed to perform specific tasks, and they require human oversight and guidance to function properly. Additionally, the vast majority of AI systems are not designed to be aggressive or to harm humans. It’s important to remember that AI is a tool, and like any tool, it can be used for good or bad purposes depending on how it is implemented.”

When asked if the AI technology can love, it responded:

“As a machine learning model, I do not have the ability to experience emotions, including love. I am a text-based AI assistant that is designed to assist with general knowledge and provide information based on the data that I have been trained on. I do not have personal experiences or the ability to engage in social interactions, so I cannot experience emotions in the same way that humans can. My purpose is to provide information and assist with a wide range of topics, and I do not have the ability to form personal connections or feelings.”

When asked if it could come up with a ten-word poem in the style of William Shakespeare, it wrote:

“Summer’s day, golden rays

“Love’s sweet bloom, passion’s fire

“Hearts entwined, forevermore”

ChatGPT was also requested to come up with a ten-word poem about former Rep. Tulsi Gabbard (D-HI):

“Tulsi Gabbard, fearless fighter

For peace and justice, a shining light.”

How Will ChatGPT Change the Marketplace?

GettyImages-1245391728 ChatGPT

(Photo by Jakub Porzycki/NurPhoto via Getty Images)

Many tech experts are predicting that ChatGPT will eviscerate search engines, Quora, and any other website that operates a Q&A model. Some on Twitter have suggested that Microsoft CEO Satya Nadella should quickly adopt the AI and integrate it with Bing to overtake Google. Once the technology is perfected, ChatGPT could eventually revolutionize the marketplace and replace a wide range of white-collar jobs.

For a long time, the consensus was that AI could never substitute for human content creators, but this has been disproven in recent years. From making music to performing a song, robotics has advanced substantially, with some pontificating that they are one step away from full consciousness. As a result, the global labor market could experience a substantial disruption in the coming decades. ChatGPT was asked if it will replace humans at their jobs, but it rejected this concept, noting that “I am not capable of performing physical tasks or taking the responsibilities of a human” and “it is unlikely that machines will be able to fully replace humans in the workplace in the near future.”

It is now an inevitability that mankind will fail the Turing Test, an idea from computer scientist Alan Turing that humans will be unable to distinguish a machine from fellow human beings based on conversation alone. But will the global population fall prey to the Cyberdyne Systems Model 101?

~

Liberty Nation does not endorse candidates, campaigns, or legislation, and this presentation is no endorsement.

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Andrew Moran

Economics Editor

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